3 Room (3I) HDB for Rent in 176 Boon Lay Drive

The valuation of the 3-room HDB unit in Jurong East, estimated at $208,050 or $347 PSF, reflects a stable market condition with a 0% difference from the baseline. This consistency suggests a balanced demand and supply scenario in the Jurong East vicinity, indicating that the property is appropriately priced within the current market context. With a remaining lease of 51 years, the unit remains an attractive option for potential buyers who are looking for a home in this well-established region.

Market analysis, based on 69 recent HDB resale transactions in the surrounding area, supports a high level of confidence in this valuation. The confidence level is categorized as high, which underscores the reliability of the data and the stability of the local real estate market. Such insights are crucial for prospective investors or homeowners, as they underscore the importance of lease duration and market dynamics in influencing property value. As Jurong East continues to develop, the demand for HDB units in this locale is expected to remain robust, making this valuation not only relevant but strategically significant for stakeholders in the property market.